Thomas J. Wilson - Feb 7, 2022 Form 4 Insider Report for ALLSTATE CORP (ALL)

Role
Chairman, President & CEO, Director
Signature
/s/ Thomas J. Wilson
Stock symbol
ALL
Transactions as of
Feb 7, 2022
Transactions value $
-$7,076,637
Form type
4
Date filed
2/9/2022, 04:14 PM
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALL Common Stock Award $0 +131K +1934.12% $0.00 138K Feb 7, 2022 Direct F1, F2, F3
transaction ALL Common Stock Tax liability -$7.08M -56.7K -41.25% $124.76 80.8K Feb 7, 2022 Direct F4
holding ALL Common Stock 247K Feb 7, 2022 By 2020 GRAT F5
holding ALL Common Stock 71.2K Feb 7, 2022 By 2021-A GRAT F6
holding ALL Common Stock 158K Feb 7, 2022 By 2021-C GRAT F5
holding ALL Common Stock 7.01K Feb 7, 2022 By 401(k) Plan F7
holding ALL Common Stock 162K Feb 7, 2022 By TJW Options LLC 2012 Series
holding ALL Common Stock 258K Feb 7, 2022 Remainder GRAT

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ALL Employee Stock Option (Right to Buy) 75.8K Feb 7, 2022 Common Stock 75.8K $92.80 By TJW Options LLC 2018 Series Last Third F8
holding ALL Employee Stock Option (Right to Buy) 89.9K Feb 7, 2022 Common Stock 89.9K $92.46 Direct F9
holding ALL Employee Stock Option (Right to Buy) 89.9K Feb 7, 2022 Common Stock 89.9K $92.46 By TJW Options LLC 2019 Series Middle Third F9
holding ALL Employee Stock Option (Right to Buy) 160K Feb 7, 2022 Common Stock 160K $124.26 Direct F10, F11
holding ALL Employee Stock Option (Right to Buy) 80.2K Feb 7, 2022 Common Stock 80.2K $124.26 By TJW Options LLC 2020 Series First Third F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon conversion of 2019 performance stock award, pursuant to The Allstate Corporation 2013 Equity Incentive Plan.
F2 Reflects transfer of 71,225 shares formerly held by the reporting person to indirect ownership on May 12, 2021.
F3 Balance also reflects 81.011 shares acquired during the period of January 7, 2021, to January 5, 2022, through the Shareowner Service Plus Plan, which reinvests dividends paid on The Allstate Corporation common shares.
F4 Shares withheld to satisfy tax withholding obligations incident to the conversion of performance stock award.
F5 Reflects transfer of 157,610 shares formerly held by the Thomas J. Wilson 2020 GRAT Trust to the Thomas J. Wilson 2021-C GRAT Trust on December 20, 2021.
F6 Reflects reporting person's contribution of 71,225 shares on May 12, 2021, to the Thomas J. Wilson 2021-A GRAT Trust.
F7 Reflects acquisition of 172 shares of The Allstate Corporation common stock since January 25, 2021, under the Allstate 401(k) Savings Plan, pursuant to the most recent plan statement, dated February 3, 2022.
F8 Reflects transfer of 75,802 vested employee options to TJW Options LLC 2018 Series Last Third on May 10, 2021, formerly held directly by the reporting person.
F9 Reflects transfer of 89,915 vested employee options to TJW Options LLC 2019 Series Middle Third on May 10, 2021, formerly held directly by the reporting person. 89,916 unvested employee options remain directly held.
F10 Stock option award granted on February 19, 2020, for 240,710 shares of common stock vesting in three equal increments. The remaining increments will vest on February 19, 2022, and February 19, 2023.
F11 Reflects transfer of 80,236 vested employee options to TJW Options LLC 2020 Series First Third on May 10, 2021, formerly held directly by the reporting person. 160,474 unvested employee options remain directly held.

Remarks:

Table II of this Form 4 is being provided to disclose updated information with respect to vested employee options that are now held indirectly instead of directly.